Question for Grob/Hershey...

Status
Not open for further replies.
Quote from Spydertrader:

I recall the day specifically. As explained in this post, my broker (at the time) did me a favor (as pay back for a previous error) with an internal fill. Of course, you remain free to believe whatever you like.



Placing the quotation marks around the sentence fragment to imply those were your exact words is an error on my part. Certainly, you didn't use the exact phrase. However, here is what you did say:



Aren't these your words?



And again, you quoted Jack's words here.



Now, since we agree you didn't use the exact phrasing, perhaps you could clarify: Who's 'specific criteria' and 'teachings' did you test / evaluate again?



I did tell you. What is more, I linked to the exact methods used in Journal One. In your reply you indicated how certain aspects of your tests appeared "self-evident" to you. Since you appeared to already 'know' everything, I saw no reason to continue to provide you with additional clarification. Since people who trade the methods outlined in Journal One use a Universe of Stocks which cycle a minimum of five times in six months for 20% (or greater gains) over a period of six to eight days, and since your tests failed to account for 'cycling' stocks, it should therefore be self-evident to you why nobody trading equities trades the methods you tested. In addition, you have posted your findings to the 'Futures Trading Discussion' Group. Since this discussion trades Index Futures, and you tested equities, it should therefore be self-evident to you why nobody trading futures trades the methods you tested.


Thank you for providing the link to http://www.portfolio123.com. Although the 30 day free trial limits the usefulness of the web site, I do plan to test it out thoroughly in the future.



Yet, you left out one 'tiny detail' in your tests (cycling stocks), and it appears to have thrown your results out of whack.

Good Trading to You.

- Spydertrader

Whoa! Cool down! I think your brain has melted from trying to decipher all that Grobian Voodoo.

1. That's not the trade I was talking about. So now I see there are others made at prices the stock didn't trade at. At this point, that doesn't surprise me.

2. You're rewriting history again by taking quotes out of chronological order. Specifically, you took my quote of your fabricated quote and quoted it as if it had been written before your fabrication. LOL! OK, I'll give you a "B+" in Propaganda 101. But don't you have anything better to do?

3. You seem to be missing my whole point. So let me make it real simple for you. I'll even type it slowly. First I tested Jack's definition of a "rocket." Then I tested it with all the add-ons you provided, to include cycling stocks, whether I mentioned that or not. The performance of what Jack described was poor. Your add-ons made it even worse. Clear enough?

4. Check your own link. The only thing I said is self-evident was "that I need to backtest with the EPS and RS rankings that were available at the time of the backtest." And that clearly is self-evident, so why are you making such a big deal about that statement?

5. Nice evasion of my question on why something straight from Jack's fingers doesn't work! Let me change your Propaganda 101 grade to an "A-". Yesterday you wrote "...you appear to have proven a trading method doesn't work. The fact that nobody in either discussion group (futures or equities) currently trades the method you tested seems to have been missed by you." To which I responded: "why isn't anyone trading it? That method is straight from the horse's mouth. You're not saying that Jack actually put out something that doesn't work, are you?" To which you replied: "Since this discussion trades Index Futures, and you tested equities, it should therefore be self-evident to you why nobody trading futures trades the methods you tested." Well then why aren't the equity Hersheyettes/Grobians trading it?

6. Unless they've recently changed their policy, the P123 trial has few if any limits.


Good trading to you too!
 
Quote from Trader666:

6. Unless they've recently changed their policy, the P123 trial has few if any limits.

Clearly, you need to rework your definition of 'few, if any limits.'

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1078967>

You seem to possess an unwillingness to admit any possibility of error on your part on any subject. Although I (and others) have described in great detail where a possible source of error might reside, you have (through your posts) continued to practice the behavior you decry in others. Attempting to show you where you have erred has proven a great waste of time. Rather than continue to show you where both your logic and observation have erred, I simply encourage you to ignore all further discussions with respect to how individuals make money using these methods.

Good Trading to you all.

- Spydertrader
 

Attachments

Baron just resurected this thread from chit chat hell...

So for the sake of the enthusiastic participants in this thread who are positively working together, please try to refrain from flames. :)
 
Quote from ktmexc20:

So for the sake of the enthusiastic participants in this thread who are positively working together, please try to refrain from flames. :)

Thanks for the great advice. I plan to refrain from further comment.

- Spydertrader
 
spyderus is annokkay traderguy, he's on chat lately [got addicted, now beyond help] and he calls his trades there...looks to me like he's doin' perfectly fine usin' grobby or wha'eva' methods.
 
Quote from Spydertrader:

Clearly, you need to rework your definition of 'few, if any limits.'

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1078967>

You seem to possess an unwillingness to admit any possibility of error on your part on any subject. Although I (and others) have described in great detail where a possible source of error might reside, you have (through your posts) continued to practice the behavior you decry in others. Attempting to show you where you have erred has proven a great waste of time. Rather than continue to show you where both your logic and observation have erred, I simply encourage you to ignore all further discussions with respect to how individuals make money using these methods.

Good Trading to you all.

- Spydertrader

Excuse me, but you need to get your facts straight yet again. You have to sign up for a trial of the Premium or Professional Level to be able to do historical screens. Not sure how your failure to read the info on the site is my error. You can upgrade by going to the "My Account" tab and selecting "Modify Subscription." As long as you cancel within 30 days, they won't charge you. Not only was I able to find this out on the site in about 30 seconds, I also called them to double check (yes, someone was there Sunday evening).

If you upgrade your trial and spend some time checking out what the site has to offer, you'll not only find out that I was correct after all about Hershey's stuff not testing out, you'll also see that there are things that really do work. Then maybe you'll gain enough knowledge and confidence to become your own guru.
 
Status
Not open for further replies.
Back
Top